The Bulgarian Development Bank (BDB) and the International Investment Bank (IIB) will cooperate in providing funds for Bulgarian business projects. This became clear after the two financial institutions signed a Memorandum of Cooperation in Sofia on Tuesday, the press office of the BDB informs. The memorandum governs the granting of syndicated loans to Bulgarian companies interested in developing their business and making new investments. According to the provisions of the memorandum, the two...

Sofia. Bulgarian Minister of Health Dr Petar Moskov will open the first sitting of the “Partnership for Health” initiative, which is provided under the Healthcare Goals – 2020 Concept, the press office of the ministry announced.
The event will take place at the head office of the Bulgarian Council of Ministers.
The following issues will be tabled for discussion at today’s forum:
- major and additional packages in the health insurance;
- transparent procedures and rules for the waiting...

Bulgarian waste electrical and electronic equipment (WEEE) recovery company Eltechresource JSC has contracted Balcan Engineering to deliver a lamp recycling system.
The supplied MP4000 system features dual loading areas for both linear fluorescent lighting as well as whole and crushed lamps, with a capacity to process 1000-1500 linear tubes per hour.
During the recycling process, metal end caps and glass are separated and cleaned. A dust filter collects phosphor powder and fine glass...

“Wasser Berlin 2015 exhibition has managed to gain the reputation of the most prestigious world forum on water matters. I perceive the event as an excellent opportunity for all key factors in the water sector to directly exchange ideas, good practices, and solutions connected with drinking and waste water – a sphere indirectly influencing our whole life, which requires more and more attention,“ said Bulgarian Minister of Regional Development and Public Works Lilyana Pavlova, speaking at the...

Sofia. Bulgarian Deputy Minister of Agriculture and Food Tsvetan Dimitrov will take Monday part in seminars on direct payments in district centres Pernik and Kyustendil, the press centre of the ministry announced.
The seminar in Pernik is to start at 10:00 a.m. at Panorama Hall of the district administration building at 1B Saint Ivan Rilski Square, while the event in Kyustendil is set to begin at 2:00 p.m. at the hall on the second floor of the district administration building at 44...

Greek company that delayed the construction of Bulgaria’s Struma motorway in the section between Sandanski and Kulata is investigated for bribery in Greece. Macedonian Telma TV announced that authorities in Greece had launched an investigation on Aktor company for giving bribes to officials in Macedonia in order to win the contract on the construction of the Demir Kapija-Smokvica motorway.
“The Greek company has given bribes to officials in the Former Macedonian Republic of Macedonia (FYROM)...

“I have the assurance of our partners that the construction of the Greece-Bulgaria interconnector will be financed with money under the EU funds and programmes. The forecasted price of the project, according to initial calculations, is around EUR 220 million,” Bulgarian Minister of Energy Temenuzhka Petkova said speaking with journalists after the sitting of the general commission on economy, infrastructure and energy of the Parliamentary Assembly of the South-East European Cooperation Process...

President of the European Commission expected to visit Sofia on account of the opening of the new subway lineextension leading to the airport.
Juncker will probably come to Bulgaria either in late March or in early April. It is expected that all EU Commissioners will visit the country by the end of May, as announced by Bulgarian PM Boiko Borisov during the Council of Europe session in Brussels Friday.
''When they come, they can see how EU funding is being utilized, how hapy people are,''...

Desislava Taneva, Bulgarian Minister of Agriculture and Food, is expected to take part Saturday in the information campaign aiming at explaining direct payments schemes in district centres Sliven and Yambol, the press centre of the ministry announced.
The meeting with agricultural producers in Sliven is scheduled to start at 11:00 a.m. at the Zora community centre at 1 Hadzhi Dimitar Square.
The meeting in Yambol is set to begin at 5:00 p.m. at the Tundzha Municipality building at 1...

Tenders on the current renovation and maintenance of Bulgarian motorways Hemus and Trakiya's older segments are now launched.
The announcement was made by the Press Office of the State Agency Road Infrastructure.
The first procedure is regarding the maintenance and renovation works planned with regard to the severe weather conditions along the section of the Hemus motorway stretching 78,5 kilometers between Sofia and Yablanitsa.
The company chosen will also be in charge of the...

Tenders on the current renovation and maintenance of Bulgarian motorways Hemus and Trakiya's older segments are now launched.
The announcement was made by the Press Office of the State Agency Road Infrastructure.
The first procedure is regarding the maintenance and renovation works planned with regard to the severe weather conditions along the section of the Hemus motorway stretching 78,5 kilometers between Sofia and Yablanitsa.
The company chosen will also be in charge of the...

Tenders on the current renovation and maintenance of Bulgarian motorways Hemus and Trakiya's older segments are now launched.
The announcement was made by the Press Office of the State Agency Road Infrastructure.
The first procedure is regarding the maintenance and renovation works planned with regard to the severe weather conditions along the section of the Hemus motorway stretching 78,5 kilometers between Sofia and Yablanitsa.
The company chosen will also be in charge of the...

“Amendments to the Health Insurance Act aim at more efficient spending of the money in the healthcare sector,” said Dr Daniela Daritkova, MP with the Citizens for European Development of Bulgaria (CEDB) and chairperson of the parliamentary committee on health, speaking for Radio FOCUS.
“There should be no concerns about the division of the packages for medical services on major and additional ones because this guarantees that the rights of the health insured citizens will not be taken away,”...

"We all realise the financial difficulties yet security has not price," said Bulgarian President Rosen Plevneliev, delivering at the plenary hall an address to the National Assembly, FOCUS News Agency reported.
The President summarised the results from his talks with the parliamentary political forces in the frames of the traditional Month of Political Consultations.
"Basic competences are needed for everyone. Quality education is a product of political agreement. The focus on decreasing...

Bulgaria’s Foreign Minister has re-affirmed Sofia’s goal to play a bigger role in the European energy sector, despite the cancellation of South Stream, the Russian gas pipeline that would have crossed Bulgaria on its way to other EU markets.
At a meeting with Bulgarian MEPs, Mitov said that the EU had an interest in Bulgaria’s proposal to build a gas hub – a plan put forth last year by Bulgarian Prime Minister Boiko Borissov after Russia scrapped the 63 billion cubic metres South Stream,...

Work on the Hemus and Trakia motorways will resume in March, when the winter road cleaning regime across the country is partially lifted, according to Lazar Lazarov, Chair of the Management Board of the Road Infrastructure Agency.
Lazarov told Pressa daily that the right lanes of the motorways had been completed in 2014 and traffic would be channeled through them so that the construction of the left lanes could start.
He explained that there had been no payments for work on the sites in...

According to preliminary data of the Bulgarian National Bank (BNB), foreign direct investment in Bulgaria recorded a net inflow of EUR 1.1816 B (2.8% of GDP) in January – December 2014, dropping by EUR 93.5 M (7.3%) from January – December 2013 (an inflow of EUR 1,275.1 M, 3.1% of GDP).
In December 2014 FDI grew by EUR 119.6 M, compared with an outflow of EUR 270 M in December 2013.
The equity capital (acquisition/disposal of shares and equities in cash and contributions in kind by...

Novinite.com is interviewing the ambassadors of EU member states, Bulgaria's main trading partners and neighbouring countries. Here we provide an interview with Spain's Ambassador to Bulgaria, H. E. Jose Luis Tapia.
H.E. Jos? Luis Tapia Vicente, has a degree in Economic Science, and a Diploma of International Studies of the Diplomatic School. He was born on August 25, 1948, in B?jar (Salamanca).
He began his diplomatic career in 1978, and has served in the Spanish diplomatic missions in...

Bulgaria posted a current account surplus equivalent to 0.9 percent of gross domestic product in the first eleven months of 2014, compared with a surplus of 2.9 percent in the same period last year, the central bank said on Friday.
For November alone, the current account showed a deficit of 90.5 million euros ($105.25 million), compared with a deficit of 38.7 million in the same period last year.
Foreign direct investment in the European Union member, stood at 1.22 billion euros, down from...

Foreign direct investment in Bulgaria in the first 10 months of 2014 was 804.9 million euro, the equivalent of two per cent of gross domestic product (GDP), Bulgarian National Bank (BNB) said on December 15. In the same period of 2013, FDI was 1.31 billion euro (3.2 per cent of GDP), but the original amount reported by BNB last year was 1.05 billion euro, which was revised upward later.
The FDI statistics showed a marked decline in October, given that the central bank data showed investment...